| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
LEARNAFRCA Overview
Learn Africa Plc publishes and distributes educational materials for nursery, primary, secondary, and tertiary levels of learning in Nigeria.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦1.26 |
| 52 Week High | ₦1.26 |
| 52 Week Low | ₦1.55 |
| Beta | -0.29 |
| 1 Month Change | -12.50% |
| 3 Month Change | -16.00% |
| 1 Year Change | 14.55% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 120.50% |
Recent News & Updates
Shareholder Returns
| LEARNAFRCA | NG Media | NG Market | |
|---|---|---|---|
| 7D | 0% | 0.4% | 1.5% |
| 1Y | 14.5% | -6.9% | 40.2% |
Return vs Industry: LEARNAFRCA exceeded the NG Media industry which returned -6.7% over the past year.
Return vs Market: LEARNAFRCA underperformed the NG Market which returned 40.9% over the past year.
Price Volatility
| LEARNAFRCA volatility | |
|---|---|
| LEARNAFRCA Beta | -0.29 |
| Industry Beta | 1.05 |
| Market Beta | 1 |
Stable Share Price: LEARNAFRCA is more volatile than 75% of NG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: LEARNAFRCA's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of NG stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 167 | Hassan Bala | https://www.learnafricaplc.com |
Learn Africa Plc publishes and distributes educational materials for nursery, primary, secondary, and tertiary levels of learning in Nigeria. It also publishes a range of books and educational resources. The company was formerly known as Longman Nigeria Plc and changed its name to Learn Africa Plc in November 2011.
Learn Africa Fundamentals Summary
| LEARNAFRCA fundamental statistics | |
|---|---|
| Market Cap | ₦972.03m |
| Earnings (TTM) | ₦67.30m |
| Revenue (TTM) | ₦2.42b |
14.4x
P/E Ratio0.4x
P/S RatioIs LEARNAFRCA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LEARNAFRCA income statement (TTM) | |
|---|---|
| Revenue | ₦2.42b |
| Cost of Revenue | ₦1.37b |
| Gross Profit | ₦1.05b |
| Expenses | ₦985.27m |
| Earnings | ₦67.30m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.087 |
| Gross Margin | 43.51% |
| Net Profit Margin | 2.78% |
| Debt/Equity Ratio | 0.7% |
How did LEARNAFRCA perform over the long term?
See historical performance and comparisonDividends
11.9%
Current Dividend Yield72%
Payout RatioValuation
Is Learn Africa undervalued compared to its fair value and its price relative to the market?
14.44x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LEARNAFRCA (NGN1.26) is trading above our estimate of fair value (NGN0.72)
Significantly Below Fair Value: LEARNAFRCA is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LEARNAFRCA is good value based on its PE Ratio (14.4x) compared to the African Media industry average (14.7x).
PE vs Market: LEARNAFRCA is poor value based on its PE Ratio (14.4x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LEARNAFRCA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LEARNAFRCA is good value based on its PB Ratio (0.3x) compared to the XF Media industry average (0.6x).
Future Growth
How is Learn Africa forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.3%
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Learn Africa has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Learn Africa performed over the past 5 years?
6.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LEARNAFRCA has a large one-off loss of NGN99.4M impacting its June 30 2021 financial results.
Growing Profit Margin: LEARNAFRCA's current net profit margins (2.8%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: LEARNAFRCA has become profitable over the past 5 years, growing earnings by 6.6% per year.
Accelerating Growth: LEARNAFRCA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LEARNAFRCA had negative earnings growth (-70.7%) over the past year, making it difficult to compare to the Media industry average (-17.3%).
Return on Equity
High ROE: LEARNAFRCA's Return on Equity (2.1%) is considered low.
Financial Health
How is Learn Africa's financial position?
Financial Position Analysis
Short Term Liabilities: LEARNAFRCA's short term assets (NGN3.3B) exceed its short term liabilities (NGN949.6M).
Long Term Liabilities: LEARNAFRCA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LEARNAFRCA's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LEARNAFRCA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: LEARNAFRCA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LEARNAFRCA's interest payments on its debt are well covered by EBIT (27.7x coverage).
Balance Sheet
Dividend
What is Learn Africa current dividend yield, its reliability and sustainability?
11.90%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LEARNAFRCA's dividend (11.9%) is higher than the bottom 25% of dividend payers in the NG market (3.33%).
High Dividend: LEARNAFRCA's dividend (11.9%) is in the top 25% of dividend payers in the NG market (7.34%)
Stability and Growth of Payments
Stable Dividend: LEARNAFRCA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LEARNAFRCA's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.8%), LEARNAFRCA's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.9yrs
Average board tenure
CEO
Hassan Bala
no data
Tenure
Mr. Hassan Salisu Bala, FCE, has been the Managing Director and Director at Learn Africa Plc and serves as its Chief Executive Officer. Mr. Hassan is an experienced professional, who joined Learn Africa Pl...
Board Members
Experienced Board: LEARNAFRCA's board of directors are considered experienced (9.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Learn Africa Plc's employee growth, exchange listings and data sources
Key Information
- Name: Learn Africa Plc
- Ticker: LEARNAFRCA
- Exchange: NGSE
- Founded: 1961
- Industry: Publishing
- Sector: Media
- Market Cap: ₦972.027m
- Shares outstanding: 771.45m
- Website: https://www.learnafricaplc.com
Number of Employees
Location
- Learn Africa Plc
- Felix Iwerebon House
- 52 Oba Akran Avenue
- Lagos
- Nigeria
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:38 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.